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    luckystreak777's Avatar
    luckystreak777 Posts: 1, Reputation: 1
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    #1

    Jul 25, 2016, 04:45 PM
    Difference in ending balance and vested balance
    I have a 403(b) retirement plan and I am having a hard time understanding the difference in ending balance and vested balance. My newest statement states that my ending balance is 42,086.76, but my total vested balance is 85,355.01. I have been employed here for almost 17 years and my employer offers a match. If I were to cash it out now for example, how much would I receive at this point?? I understand it is subject to tax and an early withdrawl fee.
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    Jul 25, 2016, 06:15 PM
    Are you sure it's not the other way around? Total is usually more than vested. For example, you put in $X. Company adds $Y. At the end of the year you have all X and, depending on the plan, only part of Y. The company want you to stay around so their money is like the carrot on a stick. Some company matches are totally vested on retirement, some at other times. If the balance are as your statement shows, I would ask HR to explain.
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